Hello tmostafa007,tmostafa007 wrote: Sat Jun 22, 2024 7:19 pm Dear Curioso,
Thanks for your explanation, I really appreciate the amazing answer. I have a lot of questions, but I'm not ready to ask them all right now. I'll keep testing your idea and will start posting every day from next Monday with before-and-after pictures of each trade I take, so I can learn from you and other group members.
I have a question on my mind right now. From what I understand, I should follow the daily trend direction, meaning I shouldn't open a sell trade if the daily open is green, and vice versa. Is that correct?
You avoid fake signals/ enter criteria by using several confirmations:
1- Big circle
2- Second circle with a number
3- Crossing the 55 MA
4- Ribbon shifting to the direction color
5- Following the daily direction as mentioned above
6- ADR must be +15% for a buy, -15% for a sell
For exiting trades:
1- Close the trade once the big circle appears in the opposite direction
[*] What about stop-loss? Do you use a preset value, a fixed number of pips, or is there an indicator or signal you follow?
Also, The big issue I faced before was that the structure of circles would change based on the direction and candle movement. The big circle would disappear, and the second dot's location would either change or hide altogether.
i will keep ask you
The Time frame i have to follow is just 1M correct?
Finally, can you share with me the final list of indicators and the template you are using?
Again thanks for your support bro
The XU 065m Setup is design for M15, i testing this week with M1 inspiring on idea by Neroloft and with soberb results everyday, more than I've ever achieved on M15 or M5.
Yes, your mindset and rules are correct, don´t forget, be patient, be focus, be patient and don´t be greedy.
Second point yes, the list of indicators is correct, i made a mistake so i correct the post with image.
